AEP

AEP Receives Top Customer Service Awards from EEI and Key Business Customers

Retrieved on: 
Monday, January 29, 2024
National accounts, AEP, Multimedia, Electricity, American Electric Power, EEI, Carbon, Walmart, Edison Electric Institute, Starbucks, Intel, Growth, Cryptocurrency

COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.

Key Points: 
  • COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.
  • This is the eighth time that AEP has received EEI's top award for providing multi-site customers with superior service.
  • EEI recognized AEP with a National Key Accounts Award for Outstanding Customer Engagement.
  • Additionally, Darren Kelsey, AEP national account executive, was honored with an individual National Key Accounts Award for Outstanding Customer Engagement.

eHealth, Inc. Announces Preliminary Results for the Fourth Quarter and Fiscal Year 2023

Retrieved on: 
Friday, January 26, 2024
Medicare, GAAP, EHealth, Risk, Security (finance), LTV, AEP, Pharmaceutical industry

Medicare Advantage approved members for the fourth quarter of 2023 were 159,595, an increase of 22% year-over-year.

Key Points: 
  • Medicare Advantage approved members for the fourth quarter of 2023 were 159,595, an increase of 22% year-over-year.
  • Fourth quarter 2023 Medicare Advantage lifetime values (LTV) grew year-over-year, driven by favorable member retention and carrier mix, among other factors.
  • Total revenue for the fourth quarter of 2023 is expected to be in the range of $241 to $249 million.
  • Adjusted EBITDA for the fourth quarter of 2023 is expected to be in the range of $65 to $70 million.

Messagepoint Healthcare Touchpoint Exchange Wins 2024 BIG Innovation Award

Retrieved on: 
Wednesday, January 10, 2024
Seniors, Insurance, Software, Finance, Consumer, Professional Services, Data Management, Technology, Public Policy, Government, Digital Marketing, Other Communications, General Health, Publishing, Marketing, Health, Healthcare Reform, Communications, Health Technology, Health Insurance, AEP, Medicare, Software as a service, Workload, Workflow, Organization, ANOC, CMS, EOC, S.H.I.E.L.D., JSON

Messagepoint announced it has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group in the Software category for its Healthcare Touchpoint Exchange , a purpose-built SaaS solution that enables Medicare Advantage Organizations (MAOs) to dramatically reduce the workload, timelines and costs associated with health plan communications and materials preparation.

Key Points: 
  • Messagepoint announced it has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group in the Software category for its Healthcare Touchpoint Exchange , a purpose-built SaaS solution that enables Medicare Advantage Organizations (MAOs) to dramatically reduce the workload, timelines and costs associated with health plan communications and materials preparation.
  • “We are pleased that Messagepoint’s Healthcare Touchpoint Exchange has won a BIG Innovation Award for providing critical innovation that enables MAOs to achieve accuracy and compliance, efficiency and economies of scale across all member communications.”
    Messagepoint’s Healthcare Touchpoint Exchange is a game-changing solution designed to support MAOs in preparing plan communications and materials for the Annual Enrollment Period (AEP).
  • “Innovation is driving our society,” said Maria Jimenez, chief nominations officer of the Business Intelligence Group.
  • “We are thrilled to be honoring Messagepoint as they are leading by example and improving the lives of so many.”
    Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards.

Alignment Healthcare Delivers 44% Year-Over-Year Membership Growth Following Significant Boost from AEP, Increasing Membership to 155,500

Retrieved on: 
Monday, January 8, 2024
Tax, Depreciation, Instacart, Gold, Alignment, Insurance, Medicare, Growth, AEP, News, Health insurance

“Alignment’s purpose-built Medicare Advantage (MA) platform gives us the visibility and control to serve seniors the right way,” said John Kao, founder and CEO of Alignment Healthcare.

Key Points: 
  • “Alignment’s purpose-built Medicare Advantage (MA) platform gives us the visibility and control to serve seniors the right way,” said John Kao, founder and CEO of Alignment Healthcare.
  • “This visibility and control have helped us improve stars, effectively manage care and create competitively advantaged products that led to the exceptional growth we achieved.
  • With its strong membership growth, the company is reaffirming its expectation to achieve adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) breakeven in 2024.
  • “Our growth and accomplishments reflect that this is our breakout year and highlight how Alignment is the gold standard for MA done right,” continued Kao.

Ammori Equity Partners Enters the Car Wash Space Acquisition of 19 Zax Car Wash Locations

Retrieved on: 
Wednesday, January 3, 2024
Culture, Sale, Acquisition, Zax, CWA, Growth, AEP, Sales

DETROIT, Jan. 3, 2024 /PRNewswire/ -- Car Wash Advisory, LLC ("CWA"), a leading investment banking firm exclusively focused on advising privately-owned car wash businesses, is pleased to announce the successful sale of 19 Zax Auto Wash ("Zax") locations to Michigan Wash Co., which was formed by Ammori Equity Partners ("AEP").

Key Points: 
  • DETROIT, Jan. 3, 2024 /PRNewswire/ -- Car Wash Advisory, LLC ("CWA"), a leading investment banking firm exclusively focused on advising privately-owned car wash businesses, is pleased to announce the successful sale of 19 Zax Auto Wash ("Zax") locations to Michigan Wash Co., which was formed by Ammori Equity Partners ("AEP").
  • Zax Auto Wash is a historical car wash brand, located in Metro Detroit, Michigan, featured on the Top 100 Car Wash Companies in the U.S.
    AEP sees this acquisition as an opportunity to leverage their core competencies that have led to over 30 years of success in customer service businesses.
  • AEP is committed to leveraging technology and people to enhance the customer experience to build a powerhouse in the car wash industry.
  • "With the acquisition of Zax Auto Wash, we are embracing the future of the car washing business while focusing on customer service and delivering quality washes at affordable prices.

AEP SIGNS AGREEMENT TO SELL NEW MEXICO SOLAR ASSETS

Retrieved on: 
Tuesday, December 26, 2023
American Electric Power, Hart–Scott–Rodino Antitrust Improvements Act, Regulation, Federal Energy Regulatory Commission, Mercury, Failure, Multimedia, Pandemic, Sale, Register, Soot, Investment, Terrorism, Wildfire, Electricity, Legislation, Particulates, ERCOT, NMRD, KeyBank, Insurance, Weather, Coal, PJM, SPP, PNM Resources, Carbon, Transport, Foley & Lardner, Nitrogen, AEP, Natural gas, Renewable energy

COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).

Key Points: 
  • COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
  • AEP and PNM Resources, which also owns 50% of NMRD, plan to sell the portfolio of 15 solar projects totaling 625 megawatts (MW) to Exus for approximately $230 million subject to true-up adjustments at close.
  • The sale is expected to close in February 2024 and will not have a material impact on financial results.
  • AEP is investing $43 billion over the next five years to make the electric grid cleaner and more reliable.

NAIFA Elects and Installs Its 2024 Leaders at the Belong Event in Washington, D.C.

Retrieved on: 
Wednesday, December 13, 2023
JD, CAE, RICP, RF, Pacific Bridge Company, Business marketing, CPC, State, National Association, CFBS, CFP, Conference, LACP, Life Happens, Organization, Service provider, FSS, CIS, Financial services, CFS, FSP, AEP, CASL, CLTC, CEBS, Adviser, Chfc, Veritas, Sammons, RFC, Associate, Ken Cuccinelli, CLCS, Tony L. Cothron, MD, CLU, Society, Financial adviser, Management, Trustee

ARLINGTON, Va., Dec. 13, 2023 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) has formally elected its officers and Board of Trustees at its annual business meeting as part of the National Leadership Conference and Belong awards celebration in Washington, D.C.

Key Points: 
  • The 2024 NAIFA Board of Trustees reflects a breadth of talent and expertise drawing on the volunteer leadership of NAIFA, FSP, and Life Happens.
  • Christopher L. Gandy, LACP, Founder of the Midwest Legacy Group in Lisle, IL, will be the 2024 NAIFA Secretary.
  • "The 2024 NAIFA Board of Trustees reflects a breadth of talent and expertise drawing on the volunteer leadership of NAIFA, FSP, and Life Happens," said NAIFA's 2024 President Tom Cothron.
  • Having been duly sworn in, the 2024 NAIFA Trustees will officially assume their offices on January 1, 2024.

WIRES Announces 2024 Officers and Board of Directors

Retrieved on: 
Tuesday, December 5, 2023
PSEG, Associate, GETS, Research, DLR, Regulation, American Electric Power, PPL Corporation, Public Service Enterprise Group, PJM, Weather, WIRES, FERC, Work, Burbure, DOE, AEP, Face, TFR, Electric power, Renewable energy, Public utility, Policy

WASHINGTON, Dec. 5, 2023 /PRNewswire/ -- WIRES, the transmission trade association that promotes investment in all aspects of the high-voltage grid, announced today its 2024 leadership team, with Jodi Moskowitz, Deputy General Counsel & RTO Strategy Officer at Public Service Enterprise Group (PSEG), elected as the new WIRES President. 

Key Points: 
  • I want to thank the WIRES 2023 Officers and Board of Directors for their tireless work, and I look forward to working closely with Jodi Moskowitz, the incoming WIRES president, and the entire 2024 leadership team."
  • WIRES' current president, Stacey Burbure will join the WIRES Board of Directors in 2024.
  • Current directors, Brian Gemmell and Dave Weaver have been elected to a second, two-year board term.
  • The WIRES Tech Talks webinar series features WIRES' rapidly growing roster of Associate Members discussing a variety of Grid Enhancing Technologies (GETs) and other advanced technology.

Omnicom's TA Digital Emerges as Adobe's Most Specialized Partner

Retrieved on: 
Monday, November 27, 2023
Cloud, Credera Rubbiano, Specialization, Omnicom Group, Marketing, Adobe Experience Cloud, Digital, Innopolis Special Economic Zone, CDP, AEP, Typesetting, Asset management, Adobe

One of the select few agencies in the world to hold Adobe Global Platinum Solution Partner status, TA Digital (part of the global Credera network within Omnicom's Precision Marketing Group) is Adobe's most strategic and widely specialized partner.

Key Points: 
  • One of the select few agencies in the world to hold Adobe Global Platinum Solution Partner status, TA Digital (part of the global Credera network within Omnicom's Precision Marketing Group) is Adobe's most strategic and widely specialized partner.
  • "I want to congratulate TA Digital on this remarkable achievement, as this recognition sets it apart and solidifies its position as a trusted partner for businesses seeking world-class digital solutions."
  • "In our relentless pursuit of enhancing user experiences, TA Digital is proud to emerge as the foremost specialized partner across the largest spectrum of Adobe tools," said Dr. Ali Alkhafaji , Chief Executive Officer & President, TA Digital.
  • Specialized partners are certified by Adobe for their proven capabilities and successful implementations — the best of the best in the Adobe partner ecosystem.

FirstEnergy Appoints Two Senior Executives to Accelerate Transformation into Premier Electric Utility

Retrieved on: 
Tuesday, November 21, 2023
American Electric Power, NYSE, Safety, Policy, Engineering, FirstEnergy, Puget Sound Energy, Regulatory affairs, Foreign policy, Telecommunications, Investment, Electricity, Multimedia, Texas Tech University, Health, Columbia Senior Executive Program, Business administration, Natural gas, University, Texas Tech University System, Abilene Christian University, Rose–Hulman Institute of Technology, PSE, Business, AEP, Master of Business Administration, Mechanical, Smith, FE, Customer experience, Management, Science

AKRON, Ohio, Nov. 21, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Wade Smith has been named president, FirstEnergy Utilities, and Toby L. Thomas has been named chief operating officer of FirstEnergy, effective Dec. 18 and Nov. 30, respectively. The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility. Both leaders will report directly to President and Chief Executive Officer Brian X. Tierney.

Key Points: 
  • The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility.
  • As president, FirstEnergy Utilities, Smith will oversee the company's state businesses – Ohio, Pennsylvania, New Jersey and a combined West Virginia/Maryland division – as well as its stand-alone transmission companies.
  • Thomas joins FirstEnergy after more than two decades at American Electric Power (AEP), where he most recently served as senior vice president – AEP Energy Delivery.
  • In 2021, Smith joined Pacific Gas & Electric as senior vice president of Electric Operations, leading electric transmission and distribution system operations and maintenance, generation, and project management and construction teams for the company's electric operations.